$ASTER experienced a long liquidation near 0.707 after rejection from recent highs, flushing overleveraged longs from the market. The downside move slowed shortly after the liquidation, suggesting a leverage reset rather than structural failure. If price stabilizes above the demand zone and begins to base, a recovery toward higher resistance remains viable. Confirmation through structure is required before increasing exposure.
EP: 0.685 – 0.707
TP: 0.735 / 0.770 / 0.820
SL: 0.668
Mean-reversion recovery setup with disciplined downside protection.
ASTERUSDT
Prep
0.6972
-0.61%